Commodity Market Call

If things are playing out on the slowdown front you don't have a meaningful move in commodities back to the upside that's your Goldilocks scenario. The odd thing is though to your earlier point the equities at least the energy equities suggest completely the opposite so yeah you know maybe we're in a world now where crude goes nowhere and these energy stocks continue to grind higher because that's been what we've seen over the last few months, he says.